Budgeting
Having rolling budget forecasting, following coding guidelines and anticipating patient behavior changes will help with the coronavirus aftermath.
Faster internet speeds, better tech and avoiding other potentially sick patients is pushing investors to pump money into the remote-care space.
Healthcare companies on Moody's list of lower-rated companies have about $41.6 billion of outstanding debt, a 28% increase in the past year.
Multiple factors contributed to the increases, including higher volumes and revenues, despite increases in bad debt and charity care.
With a labor-intensive budgeting process that provided little business value, OSF Healthcare decided it was time to be more flexible.
Study finds 8% of providers are spending upward of $1 million dealing with post-payment audits each year.
What was particularly troubling is that the trend appears to be getting worse, with the salary gap widening over time.
Spending on cancer drugs was 2% to 5% higher than that of non-participants, and 1% to 7% higher than physician offices -- a modest effect on consumers.
Among publicly and privately insured children in the sample, respectively, 11% and 9% received unnecessary services at least once in 2014.
Doctors, hospitals, and other health providers in the U.S. spent far more on administration due to complexity.